Bitcoin ETF net inflow exceeds US$300 million! GBTC now enters the market at $27 million
- PHPzOriginal
- 2024-06-04 19:36:00759browse
5/15 The U.S. CPI index was lower than expected, indicating that inflation has cooled down, boosting market confidence in interest rate cuts, and U.S. stocks rose sharply. Bitcoin began to rise sharply that night, rushing all the way to 65K, and reached 66K on 6/16.
The Bitcoin spot ETF on 5/15 also showed the largest net inflow in the past two weeks. The last time the net inflow exceeded US$300 million was on 5/3. Since the IBIT inflow status on May 15 has not been announced before the deadline, the overall net inflow on May 15 was at least US$300 million.
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